Accounting analysis and audit

Relationship of operational control and operational accounting

Economic Annals-XXI

Economic Annals-ХХI: Volume 161, Issue 9-10, Pages: 91-94

Citation information:
Marchuk, U. (2016). Relationship of operational control and operational accounting. Economic Annals-XXI, 161(9-10), 91-94. doi: https://doi.org/10.21003/ea.V161-20

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Uliana Marchuk
PhD (Economics),
Assistant Professor,
Department of Accounting and Taxation in Sectors of the Economy,
Vinnytsia National Agrarian University
3 Conyachna Str., Vinnytsia, 21008, Ukraine
mar4ukuliana@gmail.com

Relationship of operational control and operational accounting

Abstract. The article covers approaches to the interpretation of operational accounting and operational control, and explains their functionality for effective risk management. The article deals with relationship between operational accounting and operational control, and their impact on information quality for management decision making at all levels of enterprise,

Systematic approach to information management is investigated as a tool for operational decision-making. This article also deals with integration of elements of management accounting into operational accounting environment. Operative control is analyzed at different phases: preliminary control (deviation prevention), flow control (reducing the likelihood of deviation), and follow-up control (identification of deviations).

Keywords: Operational Accounting; Operational Control; Management; Risk; Management Decisions; Control Functions; Business Entities

JEL Сlassіfіcatіon: M40; M21; M11

DOI: https://doi.org/10.21003/ea.V161-20

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Received 5.09.2016

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